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BUDAPEST — INLOCK, a platform where licensed lenders can compete for borrowers who want to use their cryptocurrency as collateral for loans, today announced the addition of its new advisory board member, Mate Tokay, COO of Bitcoin.com, the premier source for everything Bitcoin related.

“Success in the crypto space is fueled by who you are, and whether you can execute. I’m confident that INLOCK’s incredible team and transparent approach will enhance how people secure loans in fiat using cryptocurrencies as collateral,” said Mate. “Csaba has a proven track record, and I’m excited to have theopportunity to support his team as they change the way we use crypto.”

Mate brings a wealth of experience to INLOCK and will advise on the rollout of the platform – including development of the ILK token, user acquisition and foundational practices and processes. He started his career in the industry with a foray in digital currency mining, utilizing his own custom-built ASIC miners.
He has since gone on to become COO of Bitcoin.com, a Bitcoin news and review website, all in an effort to popularize digital currencies and bring legitimacy and transparency to the industry.

“Mate has been a driver and influencer in the curation of information and news about digital currencies; he is a force to be reckoned within the crypto world,” said Csaba Csabai, Founder and CEO of INLOCK. “We are both advocates for the global adoption of crypto and have aligned on a common mission – to create a solution to its biggest issue: spendability.”

Chief Strategy Officer Benedict Banathy added, “with Mate’s support and his many years of experience in media, we’re one step closer to delivering our platform to the right places in a digestible way.”

INLOCK, since its launch, received nearly $2 million in funding during its private sale. Those who wish to participate in the main token sale, starting September 15, and use the platform, set to go live in October, can register for the whitelist at https://ico.inlock.io. The whitelisting secures early registration and gives interested parties access to updates and announcements regarding the ICO.

For more information, visit the official INLOCK website, where you can learn more about the INLOCK executive leadership team and test out the beta platform. Follow INLOCK on Telegram, Twitter and Medium.

About INLOCK
INLOCK is a blockchain and smart-contract based platform that enables cryptocurrency holders to manage short-term liquidity problems by taking a loan in fiat and using their existing cryptocurrencies as collateral. The company was founded in 2018 by a team of fintech experts in Hungary with the goal of building up solutions for various use cases between the traditional and crypto-asset based financial world.

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